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Showing posts with the label Deep Geothermal

Quaise Set To Unleash Millimeter Wave Drilling

Unlocking Earth's Infinite Power: The Revolution of Millimeter Wave Drilling By: Robert Buluma In a groundbreaking test at the  Quaise  laboratory, scientists have taken a monumental step toward tapping into the boundless reservoir of clean energy that lies deep beneath the Earth's surface. This untapped potential, which could power our civilization for millions of years, is now within reach thanks to an innovative technology: millimeter wave drilling. The Hidden Treasure Below Deep geothermal energy holds the promise of providing clean, sustainable power 24/7. Unlike solar or wind, which are intermittent, geothermal energy is constant, driven by the Earth's internal heat. However, accessing this energy, buried deep within the tough, crystalline basement rock, has long been a challenge. Traditional drilling methods falter here, where high pressure and temperature wear down mechanical drill bits rapidly, making the process expensive and inefficient. Enter Millimeter Waves Mi

GA Drilling and Petrobras Partner Up To Spur Deep Drilling

GA Drilling  and  Petrobras Join Forces to Revolutionize Deep Drilling Efficiency By: Robert Buluma In an era where technological advancements are redefining industries, the recent collaboration between  GA Drilling and  Petrobras marks a significant milestone in the energy sector. Announced on July 25, 2024, this partnership is set to transform the landscape of deep drilling, bringing unprecedented efficiency and cost reduction to the forefront. A Game-Changing Partnership GA Drilling , a leader in drilling innovations, has teamed up with Petrobras , one of the world's largest energy companies, to develop a next-generation downhole drilling system. This collaboration, involving Petrobras' renowned research and innovation center, Cenpes, promises to de-risk ultra-deep drilling while enhancing speed and extending tool life. Cutting-Edge Technology At the heart of this partnership lies  GA Drilling pioneering downhole anchoring and drive system. This technology is set to be t

How Deep Is Your Geothermal? Germany Publishes New Guide Lines

Unveiling the Future of Energy: New Guidelines for Deep Geothermal Projects By: Robert Buluma In a world where the urgency of climate change looms large, the quest for sustainable energy solutions has never been more pressing. Enter the German Scientific Society for Sustainable Energy Sources, Mobility, and Carbon Cycles  (DGMK) alongside the Federal Association of Natural Gas, Petroleum, and Geoenergy (BVEG) , with groundbreaking news: the release of  for the comprehensive guidelines geological risk assessment of deep geothermal projects. Picture this: a future where cities are powered by the Earth's natural heat, where energy production is not only efficient but also environmentally friendly. This future is closer than you think, thanks to the tireless efforts of experts collaborating to pave the way forward. Why is this announcement so significant? It's simple: deep geothermal projects have the potential to revolutionize our energy landscape. But, until now, understanding a

Quaise Raises $21 Million For Terrawatt-Scale Geothermal

 Unveiling the Future: Quaise Energy's Quest for Terawatt-Scale Geothermal Energy By:  Robert Buluma Image: Recent Core drilling set for ground works at Quaise In a world teetering on the brink of an energy revolution, one company is harnessing the power of the Earth itself to drive us towards a cleaner, brighter future. Quaise Energy, the brainchild of visionary minds and cutting-edge technology, has just secured a staggering $21 million in funding to propel its mission forward. But what exactly is Quaise Energy, and why should we all be paying attention? At its core, Quaise Energy is more than just a company; it's a beacon of hope in a landscape dominated by fossil fuels and climate concerns. By tapping into the virtually limitless potential of deep geothermal energy, Quaise is poised to revolutionize the way we power our world. But what sets deep geothermal energy apart from other renewable sources, you may ask? Well, for starters, deep geothermal power plants have the capac

Slatina-3 Geothermal Exploration License Slated For a 6 Months Extension onths

Unveiling Croatia's Geothermal Future: Cindrigo's Quest for Sustainable Energy By :  Robert Buluma  00:45 Nairobi  In the heart of Croatia's picturesque landscapes lies a venture that promises to reshape the nation's energy future. Cindrigo Holdings, a beacon of renewable energy innovation, is on a mission to unlock the potential of geothermal power with its ambitious Slatina 3 project. Picture this: the rolling hills of Croatia's countryside, where lush greenery meets the horizon, now dotted with the telltale signs of progress. Amidst this serene backdrop, Cindrigo's subsidiary, Dravacel, is making waves in the renewable energy sector by seeking a six-month extension for its exploration license. This pivotal move, aimed at propelling the Slatina 3 project forward, signals a new era of sustainable energy development in Croatia. But why all the buzz? It's simple - geothermal power holds the key to a cleaner, greener future. With its abundance of natural heat

Deep Geothermal Sends Insurers on the drawing board

Insurers Planning Solutions for Deep Geothermal Energy By  Robert Buluma In the pursuit of sustainable energy sources, deep geothermal energy has emerged as a promising avenue. However, challenges such as drilling risks and lack of insurance coverage have hindered its widespread adoption. Addressing these concerns, the Federal Ministry of Economics is deliberating solutions in collaboration with KfW, the federally owned development bank, to ensure the viability of deep geothermal energy projects. The Need for Insurance Coverage: One of the major obstacles faced by utilities and municipal utilities in implementing deep geothermal projects is the absence of insurance coverage. The uncertainty surrounding drilling success and the potential shortfall in expected heat production deter stakeholders from investing in such ventures. Proposed Solution: To mitigate these concerns, the proposed solution involves insuring the drilling success through KfW. Under this arrangement, if the projected h

GIGA -M A Regional Munich Geothermal Research Project

Regional Geothermal Research Project GIGA-M: A Step Towards Sustainable Energy Supply in Munich and Surroundings By  Robert Buluma A significant step towards a sustainable energy future is being taken in Munich and the surrounding district. A broad coalition of stakeholders is working together to advance the use of deep geothermal energy. The goal is to quickly and sustainably tap into the heat energy in the underground through a variety of new projects. This is to be done based on an optimized joint use of the thermal water reservoir in the Greater Munich area. An essential basis for this endeavor is an extensive seismic measurement campaign to be carried out as part of the GIGA-M research project. The funding decision from the Federal Ministry of Economics and Climate Protection is now available, and the project can officially begin. Over a period of four years, it aims to prepare the region for a transition to a climate-neutral, secure, and affordable heat supply. Under the leadersh

Fervo Energy Secures $224 Million to Revolutionize Geothermal Energy

Fervo Energy Secures $244 Million to Revolutionize Geothermal Energy Houston, TX (February 29, 2024) By : Robert Buluma Fervo Energy, the trailblazer in next-generation geothermal development, has recently announced a significant milestone in its journey – securing a whopping $244 million in new funding. Spearheaded by Devon Energy, a prominent figure in the realm of shale oil and gas, this investment marks a pivotal moment for Fervo Energy and the future of sustainable energy production. The infusion of capital will empower Fervo Energy to accelerate the deployment of its cutting-edge technology, which draws upon proven methodologies from the oil and gas sector, to establish commercially viable 24/7 carbon-free energy solutions. With sustainability at the forefront of global concerns, Fervo's innovative approach comes at a crucial time, offering a promising alternative to traditional energy sources. Joining Devon Energy in this groundbreaking funding round are several esteemed par

GA Drilling and ZeroGeo Energys Geothermal to Collaborate on Project Thermo

 Unlocking Sustainable Energy: GA Drilling and ZeroGeo Energy's Geothermal Collaboration By : Robert Buluma In a world where the pursuit of sustainable energy sources has become paramount, innovative collaborations are paving the way for a greener future. Among these trailblazers are GA Drilling and ZeroGeo Energy GmbH, who have joined forces to embark on an ambitious project aimed at harnessing the Earth's natural heat for power generation. The Partnership GA Drilling, a leader in geothermal drilling technologies, and ZeroGeo Energy GmbH, a prominent player in the renewable energy sector, have recently announced a strategic collaboration. At the heart of this partnership lies Projekt THERMO, a groundbreaking initiative to develop a 12MW Hot Dry Rock Geothermal Power Plant in Lower Saxony, Germany. Projekt THERMO: A Vision for Sustainable Power This pioneering project marks the beginning of a series of ventures aimed at tapping into deep geothermal energy and geothermal energy